How to update the dates of previous period after addition of new year in Accounting Calendar

Summary

How to update the dates of previous period after addition of new year in Accounting Calendar

Content

How to update the dates of the previous period after the addition of the new year in the Accounting Calendar. We have defined the accounting calendar in GL with 4-4-5. However, after we added the new year, we realized last year's last period end date is wrong (the period is future) and would like to update. But the system is not allowing and showing an error as 'You entered standard periods with overlapping date ranges or date gaps. (GL-780576)'. 

Please suggest how to fix this in Oracle Cloud.